We expect a $130 movement on NZDUSD within 4 hours following the release of Retail Sales MoM at 2024-12-17 13:30. We expect NZDUSD to trend downwards 4 hours following the event release at 2024-12-17 13:30 if the released value is > 0.5%. A price movement of 13 pips is expected.
Historical events that allowed us to draw this conclusion
15 Nov 13:30 |
17 Oct 12:30 |
17 Sep 12:30 |
15 Apr 12:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
